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RES Regional Executive

Chicago, Illinois

Job Description:

Company:

Bank of America is one of the world’s leading financial institutions, serving individuals, small- and middle-market businesses, large corporations and governments with a full range of banking, investment management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business relationships. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries.  Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

 

Position Overview

The Global Real Estate Services Regional Portfolio Director is responsible for leadership and strategic oversight of a third-party Vendor’s management of approximately 6MM RSF portfolio in the Central US. The Regional Portfolio Director is the face of GRES for all real estate operations within their assigned portfolio. In addition, they are responsible for:

Ensuring that the outsourced Vendor is meeting SLAs and effectively integrating all functional operations (integrated facilities management, project management, transaction management, and market / occupancy planning) necessary to provide appropriate, cost-effective business solutions for bank lines of business while meeting corporate financial objectives and risk requirements.
Coordinating with GRES Strategy and Planning to ensure that the team has the field-level information necessary to define and develop tactics that optimize the portfolio and balance line of business needs.
Serving as the single escalation point for the Vendor on all regional matters requiring bank approval and direction. 
Maintaining high level client relationships with senior executives across all lines of business represented in region. 
Representing BAC, In conjunction with Legal group, on all facilities-related litigation and act as the bank’s representative on all matters in which the Vendor cannot, or is not best-suited, to act on behalf of bank (e.g. presentations to zoning boards/city councils, commercial disputes with bank clients and/or problematic landlords, etc). 

Role Qualifications

Must have significant experience within a retail bank specifically in a real estate capacity
Experience repositioning a new building for staff and support
Core understanding of commercial real estate fundamentals preferably with complex transactions and/or facilities management experience
Drives strategy for the group while being a hands-on player
Able to work in a fast paced and complex global organization
Strong internal and external conflict resolution skill set
A strong understanding of corporate culture inclusive of the impacts of real estate on operational, reputational, and regulatory risk
Seasoned professional with ability to effectively communicate with and influence executive leadership across multiple business lines
Comfortable self-solving problems and issues; is highly self-directed
Demonstrates a business perspective to the work of the group; brings a point of view to these discussions; quickly establishes effective partnerships

Leadership Competencies

Significant experience in a complex financial services environment with demonstrated experience in strategic planning of real estate and facilities management
Ability to shift gears quickly between strategic and tactical issues and challenges
Strong ability to engage and influence senior executives, establish and maintain collaborative partnerships and provide thought leadership to strategic decisions
Superb relationship management and communication skills that include excellent listening and presentation skills; know how to raise difficult issues and rigorously and credibly debate with senior leaders taking a balanced fact-based approach
Strong team leadership skills, an individual who can lead a diverse associate population, inspire a strong sense of camaraderie, accountability and motivate continuous improvements to performance.
Able to lead change and integrate work in a fast-paced, highly matrixed environment, establish priorities and achieve results
Professional executive demeanor; decisive with highly versatile interpersonal skills

Key Stakeholders

Senior LOB executives
CAO
CFO

Key Skills and Additional Details:

Persistent thirst for knowledge in order to plan and advise effectively
Communication and leadership skills necessary to lead internal team and to engender buy-in from external stakeholders
Highly analytical
Tenacious problem-solver

Job Band:

H3

Shift: 

1st shift (United States of America)

Hours Per Week:

40

Weekly Schedule:

Referral Bonus Amount:

0

Job Description:

Company:

Bank of America is one of the world’s leading financial institutions, serving individuals, small- and middle-market businesses, large corporations and governments with a full range of banking, investment management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business relationships. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries.  Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

 

Position Overview

The Global Real Estate Services Regional Portfolio Director is responsible for leadership and strategic oversight of a third-party Vendor’s management of approximately 6MM RSF portfolio in the Central US. The Regional Portfolio Director is the face of GRES for all real estate operations within their assigned portfolio. In addition, they are responsible for:

Ensuring that the outsourced Vendor is meeting SLAs and effectively integrating all functional operations (integrated facilities management, project management, transaction management, and market / occupancy planning) necessary to provide appropriate, cost-effective business solutions for bank lines of business while meeting corporate financial objectives and risk requirements.
Coordinating with GRES Strategy and Planning to ensure that the team has the field-level information necessary to define and develop tactics that optimize the portfolio and balance line of business needs.
Serving as the single escalation point for the Vendor on all regional matters requiring bank approval and direction. 
Maintaining high level client relationships with senior executives across all lines of business represented in region. 
Representing BAC, In conjunction with Legal group, on all facilities-related litigation and act as the bank’s representative on all matters in which the Vendor cannot, or is not best-suited, to act on behalf of bank (e.g. presentations to zoning boards/city councils, commercial disputes with bank clients and/or problematic landlords, etc). 

Role Qualifications

Must have significant experience within a retail bank specifically in a real estate capacity
Experience repositioning a new building for staff and support
Core understanding of commercial real estate fundamentals preferably with complex transactions and/or facilities management experience
Drives strategy for the group while being a hands-on player
Able to work in a fast paced and complex global organization
Strong internal and external conflict resolution skill set
A strong understanding of corporate culture inclusive of the impacts of real estate on operational, reputational, and regulatory risk
Seasoned professional with ability to effectively communicate with and influence executive leadership across multiple business lines
Comfortable self-solving problems and issues; is highly self-directed
Demonstrates a business perspective to the work of the group; brings a point of view to these discussions; quickly establishes effective partnerships

Leadership Competencies

Significant experience in a complex financial services environment with demonstrated experience in strategic planning of real estate and facilities management
Ability to shift gears quickly between strategic and tactical issues and challenges
Strong ability to engage and influence senior executives, establish and maintain collaborative partnerships and provide thought leadership to strategic decisions
Superb relationship management and communication skills that include excellent listening and presentation skills; know how to raise difficult issues and rigorously and credibly debate with senior leaders taking a balanced fact-based approach
Strong team leadership skills, an individual who can lead a diverse associate population, inspire a strong sense of camaraderie, accountability and motivate continuous improvements to performance.
Able to lead change and integrate work in a fast-paced, highly matrixed environment, establish priorities and achieve results
Professional executive demeanor; decisive with highly versatile interpersonal skills

Key Stakeholders

Senior LOB executives
CAO
CFO

Key Skills and Additional Details:

Persistent thirst for knowledge in order to plan and advise effectively
Communication and leadership skills necessary to lead internal team and to engender buy-in from external stakeholders
Highly analytical
Tenacious problem-solver

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Learn more about this role

Full time

JR-22004588

Band: H3

Manages People: No

Travel: Yes, 5% of the time

Manager:

Talent Acquisition Contact:

Pamela Craven

Referral Bonus:

0

Street Address

Primary Location:
540 W Madison St, IL, Chicago, 60661